The Daily Docket: American Eagle Pilots Accept Labor Deal

A majority of American Eagle pilots have voted in favor of a new labor agreement between their union and AMR Corp., the regional airline’s parent. Read the Daily Bankruptcy Review article here.

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Affiliates of Sun Capital Partners Inc., Cerberus Capital Management, Lubert-Adler Group and lenders in real-estate deals involving Mervyns have agreed to pay $166 million to resolve claims they bilked creditors of the defunct retailer. Read the DBR article via The Wall Street Journal.

According to WSJ, a judge approved a $71.5 million settlement with former Dewey & Leboeuf LLP partners.

About Bankruptcy Beat

From Dow Jones Daily Bankruptcy Review, exclusive coverage of corporate bankruptcies, companies headed for trouble and the latest trends in bankruptcy law, distressed investing and corporate restructuring. Lead writer Pat Fitzgerald and Daily Bankruptcy Review reporters in Washington, New York and Wilmington, Del., provide insight into the big cases, who’s next to fall and what’s making news across the bankruptcy market.